Predictions for next week?

That would make it worse this thing needs to find a bottom on its own.Then you will see a huge rally....followed by another drop will be very violatile for probably 12 months
 
That would make it worse this thing needs to find a bottom on its own.Then you will see a huge rally....followed by another drop will be very volatile for probably 12 months
Really,I think suspending trading for 10 days will allow people to cool off and see what is going on and not react so crazily.maybe thats just me but I am a bottle of morgans deep and tried to start a fight at a strip club deep:D:D
 
Thinking of buying again. Bought 235 of KSS Kohls 1 week ago at 42.39. Guessing the official signing of the 700 bill bailout would spark a small upswing of maybe $2-3. THEN the worst week in history hit. So I'm down 2k, it will go up, never fear, put the emotions back in your purse.

So yes, I plan to buy, Monday or Tues another 10k of something or another, whose got the hot symbols?
 
I just put 5g's in my scottrade acct wed,bought 1000 shares of STEI (stewart industries) at 5.36 a share. They were getting bought by sci then they backed out causing the stock to drop from 9-10 range to 5$ but their normal price range BEFORE the buyout was around 7.50,as soon as the market stops dropping I'm thinking they will bounce up around 7.50. I might put another 5g's in this week and look for another bargain. Stewart industries sell caskets and other funeral related stuff,their business is steady and they make a modest profit,Smitty
 
A rebound is coming with all of the things the Euro's and Asian's are also doing. Buy whatever Warren buys, estimated he made $8 billion in the last two weeks.
 
Bought GM today a little risky but could also give good returns in the future.Really thought the market would pull back late in the day but it didn't.If Europe and Asia come up overnight will probably rally tommorow also.
Then pull back a little later in the week
 
Theres gonna be some big swings, they may mellow out abit, but the market is driven by so much more than the market. I think it will be squirly untill mid 2nd quarter.. the election will be over, whoever wins will have a couple months in office and we will know what cards they will play. untill there is some certainty in life and comfortability, things will be erradict.
 
Bought GM today a little risky but could also give good returns in the future.Really thought the market would pull back late in the day but it didn't.If Europe and Asia come up overnight will probably rally tommorow also.
Then pull back a little later in the week
Did I hear something about Cerebus and a merger with Chrysler? I was away from the paper today.
 
Gnw (genworth financial) jumped from 4$ to 6.50$ today,they got pretty beat up from freddie mac affiliation but there business is much bigger,I think this stock is going to bounce around hard with some money to be made,Smitty
 
I bought a week ago. Morgan Stanley (MS), Bank of America (BAC) and Kemper Morgan Energy Partners (KMP). So far made huge gains on all. KMP I bought for $42 share and pays $1 dividend 4 times a year! Today it is at $52.

It is a buying opportunity now for day traders as well as long term positions!
 
"be scared when others are greedy, be greedy when others are scared." Warren Buffet last week
 
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